Northrop Grumman: Does Its Role in National Security Really Shield It From Market Volatility?

Northrop Grumman reported its fourth-quarter and full-year 2024 financial results, showcasing both achievements and challenges. The company ended the year with a record backlog of approximately $91.5 billion and a book-to-bill ratio of 1.23x, indicating strong demand in both domestic and international markets. This demand is supported by new contract wins, such as the TACAMO program and the B-21’s second LRIP Lot, as well as ongoing programs like Poland’s IBCS system, which contributes to an international book-to-bill ratio of 1.4x.